Losses dominated the major asset classes last week, based on a set of exchange-traded products. But three corners of the global markets bucked the trend with gains: US stocks, junk bonds in the US, and high-yield bonds in foreign markets.
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Daily Archives: October 23, 2017
Macro Briefing: 23 October 2017
Catalonia crisis deepens after Madrid decides to take control: BBC
Italy’s Lombardy and Veneto regions vote for autonomy: Bloomberg
Japan’s Abe wins majority in parliamentary election: Nikkei
Trump outlines plan for “biggest tax cuts ever” in TV interview: Fox
US existing home sales rebound in September: Reuters
Yellen: Fed making “good progress” reducing its bond portfolio: NY Times
Is the oil market underestimating China’s demand?: Bloomberg
Bitcoin market cap tops $128 billion: Sydney Morning Herald
US 10-year Treasury yield rises to a 3-month-plus high: